MEDIA RELEASE PR38537 
 
Elemica Sponsors 2010 Indirect Spend Summit in China 
 
EXTON, Pa. and SHANGHAI, Mar. 2 /PRNewswire-AsiaNet/ -- 
 
 
     Brian Selby, Elemica Sr. VP Asia, to Present e-Sourcing Strategies 
 
    Elemica, the industry-leading B2B supply chain execution network, announces  
their sponsorship of the 2010 Indirect Spend Summit on March 17, 2010 in  
Shanghai, China.  Senior Vice President of Elemica Asia, Brian Selby, will  
present, e-Sourcing Strategies for China, which details best practices and  
success stories on strategic sourcing of indirect materials and services within  
the China market.  The conference targets procurement executives seeking ways  
to improve efficiency, gain visibility into service costs, and capture savings  
within the procurement process.  
 
    The indirect spend area of procurement is growing strategically,  
particularly in the Asia region, said Mike McGuigan, CEO of Elemica.  To gain  
a competitive edge, companies need to partner with expert organizations who  
understand the complexity of procuring services, outsourcing, and supplier  
relationships.  Using Elemicas robust procurement solutions and sourcing  
services, our clients acquire more value from their suppliers while reducing  
costs.  
 
    The 2010 Indirect Spend Summit in China provides attendees with valuable  
case studies and best practices from leading procurement executives who  
overcame the challenges of procuring services. For more information on this  
one-day informative summit or to register, visit:  
 
    In addition, Elemica has developed a China Council which is an industry  
forum that meets on a quarterly basis to share best practices, discuss areas  
for potential collaboration and execute joint aggregation projects in major  
indirect spend categories such as logistics, marketing materials, and plant  
services.  Elemica is now opening Council membership to its major global  
chemical customers with significant operations in China.  The next meeting is  
scheduled for Tuesday, March 16, 2010.  For details, please contact Siew Kien  
Lim at sk.lim@elemica.com. 
 
    About Elemica 
    Elemica was founded by 22 leading global corporations to deliver  
best-in-class integration of supply chain trade partners for seamless execution  
of business processes such as order-to-invoice, procure-to-pay, and logistics  
booking.  Elemica unites global trade partners and provides a true framework of  
'Connect Once.  Connect To All.'   By automating key business processes,  
removing transactional and communication barriers, and integrating the  
information flow between business partners, Elemica's clients benefit from  
reduced cost of operations and faster process execution with fewer resources. 
  
    From order entry to invoice processing for logistics, planning, and  
purchasing, the Elemica network improves productivity, decreases errors, and  
increases customer and business partner satisfaction.  Elemica has connected  
more than 2500 companies across multiple industries and processes over $60  
billion in annual transactions. Clients include BASF, Continental, Dow, DuPont,  
Goodyear, LANXESS, Michelin, Rhodia and Shell.  For more information, visit  
 
     SOURCE:  Elemica 
 
    CONTACT:  Becky Boyd, MediaFirst PR  Atlanta for Elemica,      
              +1-770-642-2080 ext. 214,  
              becky@mediafirst.net